Theresa May Loses Overall Majority In UK Parliament

Prime Minister Theresa May of Britain has lost her overall majority in Parliament on Thursday, plunging Britain into a period of renewed political chaos less than two weeks before it is scheduled to begin negotiations over withdrawing from the European Union. While May’s Conservative party won the most seats, the party didn’t win enough to govern without the support of minority parties. CNN reports: It was devastating result for May, who had called the election three years earlier than required by law, convinced by opinion polls that placed her far ahead of opposition Labour Party leader Jeremy Corbyn. The result also plunges Britain into a period of renewed political chaos, with Brexit talks likely to be delayed and May’s personal authority shredded. There was already talk in Conservative circles that she might have to resign, less than a year after taking over from David Cameron, who resigned following the Brexit referendum. The pound fell on currency markets in the wake of the results. After the result was declared in her constituency of Maidenhead, May gave a faltering speech. “At this time more than anything else, this country needs a period of stability,” she said, suggesting she would attempt to form a government even if her party loses its majority. Corbyn said the early results showed May had lost her mandate and called for her to resign. Further reading: New York Times